Smith & Nephew Shares Slide After Revenue Guidance Cut and Weak Q2 Growth
Smith & Nephew shares dropped sharply after the company reported first-half 2026 results and trimmed its full-year underlying revenue growth forecast to roughly 4%–6%. A Q2 revenue growth miss and persistent weakness in U.S. knee implants were cited as the main headwinds, while management reiterated trading profit growth and identified additional e…